The Penrallt Hotel Aberporth

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1 On the instructions of Joint Administrators from Baker Tilly Restructuring & Recovery LLP and the partners of Underfield Estates The Penrallt Hotel Aberporth A HOTEL AND COTTAGE COMPLEX IN 30 ACRES WITH A SPECTACULAR SETTING

2 The Penrallt Hotel A hotel and cottage complex in 30 acres with a spectacular setting n 26 bedroom hotel and 18 cottages n Leisure club n Detached 3 bedroom house for owners or managers Offers around 1m freehold

3 The Property Penrallt is something rarely available to buy a substantial landholding with more than one business strand. This hotel and holiday/leisure complex sits in a substantial site, with sea views, and offers hotel, self-catering cottage and leisure facilities. The approach down a long straight tree lined drive creates a real sense of arrival and as the visitor reaches the hotel the beautiful vista of Aberporth Bay catches the eye. The hotel is a superb Edwardian house, elegantly proportioned and with lovely features. The self-catering cottages add another leg to the business, and are a sector showing growth as more people enjoy this form of short and long holiday. Leisure facilities and excellent staff and owners accommodation complete the package. This is a beautiful region and tourist attractions in the area include the nearby Blue Flag beaches in Aberporth, Oakwood theme park, a sea life centre and a butterfly park. The area is popular for walking, particularly on the Pembrokeshire Coast Path, together with dolphin watching, cycling and surfing at nearby Cardigan. There is business occupancy to be had to as nearby is Parc Aberporth, a technology park created on the former Aberporth RAF station which is focused as an operational test and evaluation centre for Unmanned Aerial Vehicles. The property was acquired by the present owners in They have undertaken extensive works of improvement to the hotel accommodation, refurbishing all of the public areas and bedrooms and creating new letting bedrooms, both from former self-catering units within the hotel and from former outside self-catering units. Following the appointment of the joint administrators, the business closed for trade on 16th January. The opportunity exists to continue the work of the directors, extending it to the holiday cottages and creating an improved marketing platform to drive the business much more actively. The Penrallt Hotel Aberporth, SA43 2BS

4 The Hotel Dating from the early 1900 s the house has grace and style and a particular feature is the entrance hall with its lovely staircase and stained glass windows. To the right of the entrance hall is the Bar arranged in two sections, one with a panelled bar servery for about 14 persons and the other about 16. Terrace Restaurant/Bistro, a conservatory style room seating about 22 and with two sets of double doors out to the side terrace and gardens. To the left of the entrance hall is the Lounge with dado panelling, fireplace, and doors through to the Conservatory. To the rear of the ground floor is a Meeting Room to accommodate about 20. LETTING BEDROOMS 26 letting bedrooms (24 double/twin and 2 single). Fifteen are situated in the hotel (ten on the first floor and five on the second floor) and 11 are garden rooms situated close by. Three rooms in the hotel have balconies with sea views. Self-catering There are 18 self-catering cottages. Each has a lounge/dining room/kitchen, two bedrooms and bathroom or shower room. Some of the cottages have sofa beds in the lounges; and each has one car parking space. Some of the self-catering units were converted from former coach house and stables and others are new build. They are short terraces of property, attractively spaced within the grounds. The Penrallt Hotel Aberporth, SA43 2BS

5 Leisure Centre The leisure centre accommodation is arranged in two sections. In one section are the leisure facilities comprising a Swimming Pool with spa bath and children s pool, Changing Rooms and Two Gymnasiums with a combined total of about 12 exercise stations. The other section comprises the Leisure Reception, with counter and pool table, and a Café Bar with seating for about 36 persons and doors out to an enclosed patio, a seasonally heated Outdoor Pool and surrounding paved area for loungers, etc. A former solarium has been converted into a Beauty Treatment Room. Owners House The house is an attractive building with private garden. Open plan reception/dining room, kitchen, second sitting room, conservatory sitting room, office and three bedrooms, one with en suite bathroom, and separate bathroom Staff accommodation There are Two two-bedroom Staff Flats, each with sitting room, kitchen and bathroom, and One Staff Bed-Sitting Room. Three self-catering cottages are currently used for staff accommodation. Outside The site extends to acres ( ha) with nicely landscaped grounds with mature trees and planting providing a most attractive environment. Service Areas Kitchen with main cooking section, wash-up, large walk-in cold room, still and serving areas. Staff room, changing area, freezer room, dry goods store, staff wc, chemical store and boiler room. Cellar with wine and keg stores. Reception office. In the leisure centre is a small kitchen and a cellar. Services Mains electricity, water and drainage. LPG gas supplies to kitchen and to leisure centre pool. Central heating is provided from oil-fired boilers Licences Premises licence. Also available Additional land is also available by way of separate negotiation. This land has held planning permission to permit the construction of additional cottages. The Penrallt Hotel Aberporth, SA43 2BS

6 Delfryn Plas Madog Quarry House Hill Crest Bwthyn y Chwarel Manora Llys Annerch Glenydd Yr Ysgubor Pantyffwrn Bwthyn Mill Hill Pentir The Hotel GP 111.0m LB 117.7m B 4333 The Quarry Issues Issues Pond Hotel Penrallt Area : ha ( acres) Pond Mileages Cardigan, about six miles, New Quay 10, Carmarthen 25, Aberystwyth 31 and Swansea 58 miles. Further afield are Cardiff 96 miles, Bristol 132 and London 239. The Penrallt Hotel Aberporth, SA43 2BS

7 Further information All enquiries should be directed to the Joint Agents who are acting on the instructions of Lindsey Cooper and Diana Frangou of Baker Tilly LLP as Joint Administrators of Underfield Hotels Limited & Underfield Leisure Limited and the directors of Underfield Estates Listings Visit Wales 3 star country house hotel. Website Trade Abridged accounts for the year ended June 2012 show net of VAT sales of 872,502. Further information will be made available on request to those booking a viewing appointment. Price Offers around 1,000,000 for the freehold property complete with goodwill and trade contents (according to inventory), excluding personal items. Stock at valuation. Disclaimer Colliers International, and its joint agents, Bilfinger GVA, give notice that these particulars are set out as a general outline only for the guidance of intending Purchasers or Lessees and do not constitute any part of an offer or contract. Details are given without any responsibility and any intending Purchasers, Lessees or Third Party should not rely on them as statements or representations of fact, but must satisfy themselves by inspection or otherwise as to the correctness of each of them. No person employed or engaged by Colliers International, or its joint agents, has any authority to make any representation or warranty whatsoever in relation to this property. (January 2015) Colliers International is the licensed trading name of Colliers International Property Advisers UK LLP which is a limited liability partnership registered in England and Wales with registered number OC Our registered office is at 50 George Street, London W1U 7GA. Contact Colliers international Peter Brunt LLB DipLE MRICS Director Hotels T: peter.brunt@colliers.com GVA Charles Kaminaris MRICS Associate Retail, Hotels and Leisure T: F: charles.kaminaris@gva.co.uk Broad Quay House Broad Quay Bristol BS1 4DJ One Kingsway Cardiff CF10 3AN